Year 3 in the Second Scenario we've put $60k into the system we have $60k worth of assets (we still owe 140k on the two $100k houses) and we've made $45k in income!

From accounting to leasing, to maintenance to marketing.

Families now have way less disposable income, I could go on, on this.

Buying a property with existing tenants can definitely have its perks, especially if you're looking to hit the ground running with rental income.

They'll need information on the deal (revenues, expenses, income, etc..), but they should be able to give you an idea of general terms (interest rate, amortization, fixed period, etc..) with some basic information.

If not, they’re fine keeping it, especially if it’s still generating income.

However, financial freedom isn't just about replacing your current income.

I have a few owner financed real estate deals I’d like to track efficiently while also managing rental income. 

:)If you've got an account to a power dialer, I'm down to partner and offer my qual & closing skills.

I looked into 0% cards to balance transfer but with my self employed income and my wife’s name change, it’s proving to be a nightmare.